ICMarket

Recent

Recent
Wednesday 15th March 2023: Asian shares rebound as inflation fears ease and bank crisis stabilizes

Global Markets: Asian Stock Markets : Nikkei down 0.03%, Shanghai Composite […]

By IC Markets

Technical Analysis
Wednesday 15th March 2023: Technical Outlook and Review

Price is currently lingering between our 1st support and resistance levels. If the price were to reverse from our 1st resistance at 1923, which is an overlapping resistance level, it could drop to our 1st support at 1890, which is an overlap support level along with the 23.6% Fibonacci retracement.

By IC Markets

Technical Analysis
Tuesday 14th March 2023: Technical Outlook and Review

Price is now testing a major overlap resistance at 1913 which is slightly below the 78.6% short term Fibonacci retracement. A break of this level could suggest a move up to 1962 is possible - which is the recent swing high resistance.

By IC Markets

Recent
Monday 13th March 2023: SVB Collapse Triggers Mixed Market Reaction in Asia

Global Markets: News & Data: Markets Update: Asian markets experienced mixed […]

By IC Markets

Technical Analysis
Monday 13th March 2023: Technical Outlook and Review

Price has reversed nicely from our 1st support at 1805. Currently, the price is testing our 1st resistance at 181 which lines up with the 50% Fibonacci retracement. If the price were to reverse from this resistance, it could drop to our 1st support at 1805. Our 2nd support is at 1734, which is overlap support.

By IC Markets

Technical Analysis
Friday 10th March 2023: Technical Outlook and Review

Price has reversed from 1st resistance area of 105.82, which is an overlap resistance. it could potentially drop to our 1st support at 103.80, which has the 38.2% Fibonacci retracement.  The next support level is at 102.79, which is an overlap support that lines up with the 61.8% Fibonacci retracement. Do take of our intermediate support at 105.02

By IC Markets

Recent
Thursday 9th March 2023: Asian Stocks See Mixed Results Amidst Global Rate and Inflation Concerns

Global Markets: News & Data: Markets Update: Asian stocks ended mixed […]

By IC Markets

Technical Analysis
Thursday 9th March 2023: Technical Outlook and Review

Price is testing our 1st support level at 1804, which is an overlap support. If the price were to break from this level, we could see it drop back down to the 2nd support level at 1785, which is a major overlap support.

By IC Markets

Technical Analysis
Wednesday 8th March 2023: Technical Outlook and Review

The price is approaching our 1st support level at 1804, which is an overlap support. If the price were to break from this level, we could see it drop back down to the 2nd support level at 1785, which is a major overlap support.

By IC Markets